Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
90 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GLOBAL FORESTRY DEVELOPMENT from Brussel, company number BE0641742793, closed financial year 2025 with a result of € 6.1 million after tax. Compared with financial year 2024, the result moved from € 5.3 million to € 6.1 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 36 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.1 million
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 115,952
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,098
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -19,971 | - | - | - | |
| Profit after taxes | € -21,036 | € 1,597,769 | € 5,262,837 | € 6,067,493 | ▲ 15% |
| Equity | € 35,626,825 | € 35,994,594 | € 36,057,431 | € 35,974,924 | |
| Total debts | € 219,791 | € 1,500,455 | € 1,907,328 | € 2,098 | ▼ € 1.9 million |
| Cash | € 409 | € 1,648,842 | € 2,112,442 | € 115,952 | ▼ 95% |
| Retained profit | € -281,356 | € 86,413 | € 149,250 | € 66,743 | ▼ 55% |
| Dividend | € 0 | € 1,230,000 | € 5,200,000 | € 6,150,000 | ▲ 18% |
| Balance sheet total | € 35,846,615 | € 37,495,048 | € 37,964,759 | € 35,977,023 | ▼ 5% |
Key figures of GLOBAL FORESTRY DEVELOPMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GLOBAL FORESTRY DEVELOPMENT?
What happened at GLOBAL FORESTRY DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Adrien HENRY stepped down as director. NBB
- Christophe LAPAQUE stepped down as director. NBB
- Etienne DE WERGIFOSSE stepped down as director. NBB
- Guillaume FENART stepped down as director. NBB
- Hubert FENART stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.1 million (▲ 15% vs 2024). Source: NBB ↗
- Etienne DE WERGIFOSSE became a director. NBB
- Guillaume FENART became a director. NBB
In short
From € 21,036 loss in 2022 to € 6.1 million profit in 2025.
Best year ever: 2025, with € 6.1 million profit.
Paid out € 12.6 million in dividends to the owners in total.
Pays suppliers within 13 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of TROPICAL FOREST INVESTMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GLOBAL FORESTRY DEVELOPMENTThe shares are held by TROPICAL FOREST INVESTMENT (51%). It owns 100% of SFP SA - Sustainable Forestry Products, 100% of CSLPI SA - Compagnie de Service Logistique et Prestation Industrielle and 100% of CEFM SA - Compagnie Equatoriale et Forestière du Mayombe itself.
Directors
According to the 2025 annual accounts
Adrien HENRY
Director
since 2022 · until 2027
Christophe LAPAQUE
Director
since 2022 · until 2027
since 2024 · until 2027
Guillaume FENART
Managing director
since 2023 · until 2027
Hubert FENART
Director
since 2023 · until 2027
Shareholders
Participations
SFP SA - Sustainable Forestry Products
100%
CSLPI SA - Compagnie de Service Logistique et Prestation Industrielle
100%
CEFM SA - Compagnie Equatoriale et Forestière du Mayombe
100%
Establishments
Establishment units
Physical locations of this company
Anspachlaan 1 box 2
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 90 companies are registered at this address.
All companies at this address →bpost
€ 2.2 billion revenue · 2025
COMPAGNIE IMMOBILIERE DE WALLONIE
€ -5,696 gross margin · 2025
Infinito
€ -3,366 gross margin · 2025
TotalEnergies Marketing Belgium
€ 6.1 billion revenue · 2025
TotalEnergies Petrochemicals & Refining
€ 15.5 billion revenue · 2025
+85 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0641.742.793
- VAT number
- BE 0641.742.793
- Registered office
- Anspachlaan 1 bus 2, 1000 Brussel
- Names & denominations
- GLOBAL FORESTRY DEVELOPMENT · GFD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2015
- Peppol
- Not registered